Latest Articles

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February 17, 2017 

Latest A&A News – February 2017

FASB to Host Roundtable Meetings on Disclosure Framework: The Financial Accounting Standards Board (FASB) will host two public roundtable meetings to discuss proposals related to its Disclosure Framework project. The meetings will be held on Friday, March 17, 2017, at the FASB offices located at 401 Merritt 7 in Norwalk, Connecticut. www.cpapracticeadvisor.com/12295256 AICPA Issues New Revenue Recognition...…

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February 17, 2017 

CES 2017: Laptops For Mobility

With CES Showcasing 3,800 vendors spread out over 2.8 Million square feet of show floor (43 football fields), it was impossible to see everything, so our efforts focused this year on hardware that could improve mobility. For most accountants ...

Roman Kepczyk

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February 17, 2017 

Facebook Adds Job Search Feature

Facebook has started rolling out a job search feature that lets businesses list job openings for free, and lets Facebook users apply for the job from with the app or desktop website.

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February 15, 2017 

Financial Advisors Upbeat on Equities

Although concerned, advisors appear poised to capitalize on the opportunities volatility presents, with 54% saying volatility should be both managed to avoid losses and harnessed to take advantage of opportunities. However, their clients had a ...

 AICPA Tells Congress About Business-Killing Tax Provisions

February 15, 2017 

AICPA Tells Congress About Business-Killing Tax Provisions

Lewis said the AICPA recognizes that providing a reduced rate for income of small businesses will place additional pressure on the need to distinguish between profits of the business and compensation of the owner-operators. “We should continue to use ...

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February 15, 2017 

Tax Deduction for 100% Penalty Is 100% Wrong

In a new case, the owner of a defunct S corporation tried to deduct the payment made for the 100% penalty on his personal return, but to no avail (Brown, TC Memo 2017-18, 1/24/17).

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February 15, 2017 

Xero Partners with Banks to Help Automate Customer Experience

Xero and Silicon Valley Bank customers will now benefit from a more automated banking experience for their mutual customers. This direct integration, with a seamless do-it-yourself set up process so entrepreneurs, startups and small business owners ...

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February 15, 2017 

ACA Code Generator Helps with Year-End Reporting

One of the largest areas of confusion for businesses is the completion of Lines 14-16 on Form 1095-C, the form used to provide employees with information about their medical benefits. This section has proven to be so unclear that many businesses pay ...

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February 15, 2017 

Ranking the Top States for Well Being

The research examines the five key elements of well-being – purpose, social, financial, community and physical – as well as other important health metrics within the United States. Through a daily survey of 500 adult Americans, the Well-Being Index ...

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February 15, 2017 

2017 Readers’ Choice Awards

The accounting and tax profession relies on technology as much as almost any other (aside from rocket science, perhaps), which makes finding the right tech imperative to the productivity of a firm, and the small businesses that rely on it.

Isaac M. O'Bannon